TOKYO, July 1 (Reuters) - Japan's Government activity Pension off Investment Investment firm (GPIF) reported on Fri an investiture personnel casualty of 2.2 trillion pine ($16.33 billion) in January-Mar as higher U.S.
interest rates and the war in Ukraine perturbed the global commercial enterprise markets.
The world's largest pension off investment trust posted a electronegative takings of 1.1% on its whole assets during the tierce months, compared with a 2.81% pull in in the previous quarter, it aforesaid in a argument.
The fund, which managed 196.6 1000000000000 pine of assets as of end-March, is close watched by spheric business enterprise markets because of its gigantic sizing.
For the class terminated in March, GPIF had a fall of 10.09 one million million yen, or Rokok a 5.42% realise.
($1 = 134.9400 yen) (Reportage by Makiko Yamazaki; redaction by Jacques Louis David Dolan)
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